GE Vernova’s Gas Power business announced today it has secured a significant order from Korea Western Power Co., Ltd. (KOWEPO), a subsidiary of Korea Electric Power Corporation (KEPCO). The agreement involves supplying a GE Vernova 7HA.02 gas turbine and a H65 generator for KOWEPO’s power plant located in Gongju-si, Chungcheongnam-do, South Korea.

Modernization and Sustainability

This project marks a crucial step towards South Korea’s energy transition goals. GE Vernova’s advanced 7HA.02 gas turbine will replace the existing, aging coal-fired plant at Gongju-si. The new facility is expected to generate 500 megawatts of clean power while offering the potential for future fuel blends containing up to 30% hydrogen by volume. This capability is contingent upon the development of a large-scale, commercially viable hydrogen manufacturing industry in South Korea.

Enhanced Grid Stability and Environmental Benefits

Beyond increased power generation capacity, the new gas turbine plant will contribute to the stability and reliability of the Korean electricity grid. The ability to quickly respond to grid fluctuations will become increasingly important as South Korea integrates a larger share of renewable energy sources into its power mix.

“This project signifies a major advancement for South Korea’s energy sector,” stated a KOWEPO representative. “The new power plant will not only bolster our nation’s energy security but also contribute to our commitment to phasing out coal-fired generation. Furthermore, the potential for future hydrogen fuel blends aligns perfectly with our national goals for large-scale renewable energy deployment and achieving carbon neutrality by 2050.”

Expected Completion and Environmental Impact

The Gongju-si power plant is scheduled to begin commercial operation in 2027. Transitioning from coal to natural gas offers a significant environmental advantage, with the potential to reduce carbon emissions by up to 60%. GE Vernova’s advanced gas turbine technology will further minimize emissions compared to traditional coal plants, including mercury, nitrogen oxides (NOx), sulfur oxides (SOx), and particulate matter.

Partnership and Regional Expertise

GE Vernova will participate in this project as part of an international consortium, collaborating with Daewoo E&C, a leading Korean engineering, procurement, and construction (EPC) company. This collaboration underscores GE Vernova’s commitment to supporting South Korea’s energy transition goals by offering its advanced gas turbine technology and partnering with local industry leaders.

“GE Vernova is proud to contribute to a lower-carbon future for South Korea,” said Ramesh Singaram, President and CEO of GE Vernova’s Gas Power in Asia. “We are confident that our advanced gas turbine technology will accelerate the phase-out of coal-fired power plants and pave the way for a more sustainable energy future. This project also represents a significant opportunity to increase the share of renewable energy resources in the Korean power grid while laying the groundwork for future hydrogen integration.”

GE Vernova’s Legacy in South Korea

GE Vernova has a long-standing presence in South Korea, actively contributing to the nation’s power generation sector since 1976. Their gas turbines, both simple and combined cycle configurations, contribute to over 14 gigawatts of electricity generation capacity in the country. Their commitment to the region is further exemplified by a large-scale manufacturing plant established in Changwon, South Korea, acquired through the 2015 acquisition of Doosan’s HRSG business.

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Riyadh, Saudi Arabia. National Industrialization Company (TASNEE), a leading Saudi Arabian petrochemical company, has partnered with GE Vernova to leverage cutting-edge software and transform its asset management strategy. This collaboration marks a significant milestone for the Gulf region’s petrochemical industry.

SmartSignal: A Game Changer for Operational Efficiency

GE Vernova will integrate its industry-leading SmartSignal software into TASNEE’s existing Asset Performance Management (APM) program. SmartSignal utilizes predictive analytics to proactively identify and address potential equipment failures before they occur.

TASNEE: First Mover in Predictive Analytics

By adopting SmartSignal, TASNEE becomes the first petrochemical company in the Gulf region to integrate predictive analytics into its operations. This move signifies TASNEE’s commitment to:

• Enhanced Operational Efficiency: Proactive maintenance reduces downtime and optimizes production schedules.
• Improved Reliability: Early detection of equipment issues minimizes the risk of unexpected failures.
• Sustainability in Petrochemicals: Optimized maintenance practices contribute to a more sustainable industry.

Quotes from Key Players:

• Linda Rae, General Manager, GE Vernova Power Generation & Oil & Gas Software: “We are proud to empower TASNEE with the tools to make data-driven decisions and achieve their business goals.”
• Sultan Al Hazmi, Reliability Superintendent, TASNEE: “This collaboration underscores our commitment to innovation and positions us at the forefront of the industry.”

GE Vernova’s Advanced Analytics Platform

GE Vernova’s solution combines data insights with machine learning (ML) algorithms, enabling TASNEE to shift from reactive maintenance to a proactive, predictive approach. This aligns with TASNEE’s vision of operational excellence and commitment to delivering high-quality products and services.

About TASNEE

Established in 1985, TASNEE is a leading industrial and petrochemical company in Saudi Arabia. They are recognized for their:

• Experience and Skills
• Operational Efficiency
• State-of-the-Art Technologies
• Innovative Solutions

TASNEE prioritizes sustainability across its operations, encompassing environmental, social, and governance practices.

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Abidjan, Cote D’Ivoire – March 26, 2024. GE Vernova, a leading energy solutions provider, announced a significant development in the fight against climate change. Azito Energie, the largest gas power plant in Cote D’Ivoire, will be the first to utilize GE Vernova’s innovative carbon emissions management software, CERius™.

CERius™: Harnessing AI for Net-Zero Goals

This AI and machine learning (ML) powered software empowers energy companies to:

• Measure Carbon Emissions with Greater Accuracy: CERius™ facilitates precise measurement of greenhouse gas (GHG) emissions.
• Actionable Insights for Carbon Reduction: The software analyzes data and suggests strategies to minimize a company’s carbon footprint.
• Improved Reporting and Compliance: CERius™ automates GHG data collection and generates standardized reports aligned with international protocols.

Linda Rae, General Manager at GE Vernova, emphasizes the importance of digital solutions:

• “Digital transformation is crucial for emissions reduction in the energy sector. CERius™ offers superior data fidelity, enabling companies to track progress towards net-zero goals.”

Azito: A Pioneering Example

Azito’s adoption of CERius™ makes them a frontrunner in Africa’s digital energy space. This collaboration offers several benefits:

• Enhanced Emissions Management: Azito can effectively manage emissions data, streamlining compliance and strategic planning.
• Informed Decision-Making: Access to precise data empowers Azito to make data-driven choices for carbon reduction.
• Global Leadership: Azito sets an example for other energy producers worldwide in embracing digital solutions for sustainability.

Gionata Visconti, Chief Operating Officer of Globeleq, highlights the significance of this project:

• “CERius™ allows us to monitor and report emissions accurately, while also using the data to reduce them. This is vital for responsible energy transition in Africa.”

Looking Ahead: A More Sustainable Future

The Azito power plant plays a critical role in Cote D’Ivoire’s energy infrastructure. By implementing CERius™, Azito gains valuable insights to optimize operations and contribute to a cleaner future. GE Vernova’s AI technology offers a promising path forward in the global effort to combat climate change.

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Sheffield, South Yorkshire – March 21, 2024 – GE Hitachi Nuclear Energy (GEH), a subsidiary of GE Vernova’s Nuclear business, convened a crucial conference yesterday in Sheffield to explore opportunities for UK businesses in the deployment of the BWRX-300 small modular reactor (SMR).

Over 150 UK-based companies across the nuclear supply chain – from manufacturing and construction to engineering – participated in the event. Prominent guest speakers included South Yorkshire Mayor Oliver Coppard, representatives from the Nuclear Industry Association (NIA), and Synthos Green Energy (SGE) from Poland, a key investor and developer.

A Stepping Stone for UK’s Nuclear Future

The conference, hosted by the Nuclear Advanced Manufacturing Research Centre (Nuclear AMRC) in Rotherham, focused on the BWRX-300 technology and its potential contribution to the UK’s ambitious target of 24 GW of new nuclear capacity by 2050. Detailed presentations explored the associated supply chain opportunities, emphasizing the benefits of UK-based manufacturing and innovation.

Collaboration for Success

“The BWRX-300 SMR is ideally suited to meet the UK’s energy security and decarbonization goals,” stated Sean Sexstone, Executive Vice President of Advanced Nuclear at GEH. “Our proven technology already benefits from partnerships in Canada, the US, and Poland. This experience positions BWRX-300 as a low-risk, high-reward option for Great British Nuclear. We’ve assembled a top-tier team to deliver this project in the UK, and we’re eager to collaborate with the talented companies represented here today to build a robust domestic supply chain.”

UK at the Forefront of Innovation

Oliver Coppard, Mayor of South Yorkshire, highlighted the region’s commitment to leading the next energy revolution. “South Yorkshire is well-positioned due to our rich history and our wealth of talent, creativity, and innovation,” he said. “We’re investing heavily in infrastructure, boasting the world’s first Advanced Manufacturing District. Our focus lies in high-skilled jobs, high-tech advancements, and a skilled workforce for the future.”

Unlocking Potential for the Domestic Supply Chain

Andrew Storer, CEO of Nuclear AMRC, emphasized the conference’s importance. “We’re delighted to connect UK nuclear manufacturers with GE Hitachi to explore BWRX-300 opportunities and initiate supply chain engagement for this crucial national program. A robust UK SMR program offers tremendous potential for our domestic supply chain. Events like this foster information sharing and networking – essential steps towards maximizing UK content and maximizing the economic benefits of low-carbon power investments.”

Industry-Wide Support for SMR Development

Tom Greatrex, CEO of the Nuclear Industry Association, expressed strong support for SMRs. “SMRs like the BWRX-300 will play a vital role in the UK’s energy security and net zero goals by providing clean, reliable power around the clock. The impressive turnout today showcases the eagerness of the UK supply chain to be part of these exciting nuclear projects. It’s a testament to GE Hitachi Nuclear Energy’s commitment to developing this technology here in the UK.”

BWRX-300 – A Global Endeavor

The UK government aims to achieve 24 GW of nuclear energy by 2050 to guarantee energy security and net zero goals. GEH recently received a £33.6 million grant from the Department for Energy Security & Net Zero (DESNZ) through the UK Future Nuclear Enabling Fund (FNEF). This funding supports GEH’s entry into the Generic Design Assessment (GDA) process for the BWRX-300.

Global interest in the BWRX-300 is substantial. In Canada, Ontario Power Generation (OPG) has partnered with GEH, AtkinsRéalis, and Aecon Construction Group to deliver the BWRX-300 at the Darlington site. OPG’s experience in nuclear projects, coupled with GEH’s expertise, positions the project for success and potential expansion to other regions.

The Province of Ontario is collaborating with OPG to plan and license three additional BWRX-300 units at Darlington. Furthermore, OPG, Tennessee Valley Authority, Synthos Green Energy, and GEH are co-investing in the BWRX-300 standard design and key component development.

GE’s Enduring Presence in the UK

GE boasts a long and established presence in the UK, spanning over 130 years. GE’s energy businesses employ over 2,500 people across 11 sites in the country. Notably, around 35% of the UK’s electricity is currently generated

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Electric Propulsion Systems to Power New Multi-Role Combat Vessels:

• Contract Awarded: GE Vernova’s Power Conversion business secures a deal with ST Engineering Marine to supply electric propulsion systems for Singapore’s next-generation warships.
• First of its Kind: These vessels will be the Republic of Singapore Navy’s (RSN) first to utilize Integrated Full Electric Propulsion (IFEP) technology.
• Enhanced Capabilities: IFEP offers greater efficiency, flexibility, and potential for emission reduction compared to traditional mechanical drives.

Project Details:

• Number of Vessels: Six Multi-Role Combat Vessels (MRCVs)
• Delivery Schedule: Over the next 10 years
• GE Vernova’s Scope: Supplying Ship’s Electric Grid with IFEP equipment, including generators, transformers, propulsion motors, and control systems.

Benefits of Electric Propulsion:

• Improved Efficiency: Electric systems distribute power more effectively, leading to lower operating costs.
• Power Sharing: The electric grid can allocate power to various shipboard functions as needed.
• Mission Flexibility: The modular design allows for integrating future technologies like unmanned vehicles.
  Potential Environmental Benefits: Electric propulsion has the potential to reduce greenhouse gas emissions.

GE Vernova’s Role:

• Design and Engineering: The Power Conversion UK team will handle design, engineering, manufacturing, and testing of the equipment.
• Project Management: The Power Conversion Asia team will oversee project engineering, management, commissioning, and sea trials.

GE Vernova’s Experience:

• GE Vernova’s Power Conversion business holds a proven track record in the naval sector.
• They currently power the majority of the UK Royal Navy’s large vessels and contribute to various global naval programs.

GE Vernova: Shaping the Future of Naval Technology

This project signifies a significant advancement in Singapore’s naval capabilities and GE Vernova’s commitment to innovation in electric propulsion systems for the maritime industry.

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Paris, France Technip Energies, a leading energy transition company, has partnered with GE Vernova and construction firm Balfour Beatty to deliver a critical project in the UK’s journey towards net-zero emissions. This collaboration marks a significant step forward for the Net Zero Teesside (NZT) Power project, one of the world’s first commercial-scale gas-fired power stations with integrated carbon capture technology.

Project Highlights

• Capture up to 2 million tonnes of CO2 per year – a substantial contribution to decarbonization efforts.
• Provide flexible, dispatchable low-carbon power equivalent to the electricity needs of 1.3 million UK homes.
• Support the development of carbon capture technology, aligning with the UK government’s net-zero goals.

Collaboration for a Sustainable Future:

Following a Letter of Intent from bp on behalf of NZT Power Limited, the consortium will move into the execution phase of the project. This selection signifies a major milestone for the NZT Power project, positioning it as a frontrunner in clean energy solutions.

Technological Expertise

The project will leverage the expertise of each consortium member:

• Technip Energies brings its industry-leading Canopy by T.EN™ carbon capture solution, powered by Shell CANSOLV® CO2 capture technology.
• GE Vernova contributes its advanced 9HA.02 gas turbine technology for efficient power generation.
• Balfour Beatty provides its extensive experience in complex infrastructure projects.
• Joint Commitment to UK’s Net-Zero Ambitions:

This collaboration reflects a shared commitment to the UK’s net-zero goals. The project aligns with the government’s £20 billion investment plan to support carbon capture, usage, and storage (CCUS) technology across the country.

Quotes from Key Players

• Arnaud Pieton, CEO of Technip Energies: “This project showcases Technip Energies’ leadership in CCUS solutions. By capturing significant CO2 emissions, we contribute to sustainable and accessible energy at scale.”
• Maví Zingoni, CEO, Power at GE Vernova: “The NZT Power project paves the way for a fully decarbonized UK power system by 2035. GE Vernova’s expertise will ensure efficient integration of carbon capture technology.”
• Leo Quinn, CEO of Balfour Beatty Group: “Today’s announcement brings us closer to realizing a world-first commercial-scale gas-fired power station with carbon capture. We are well-positioned to support this critical project and demonstrate the UK’s leadership in decarbonization.”

About the Companies:

Technip Energies: A leader in energy transition solutions, with expertise in LNG, hydrogen, and CCUS technologies.
GE Vernova: A planned global energy company focused on power, wind, and electrification, with a commitment to decarbonization.
Balfour Beatty: A leading international infrastructure group delivering complex and critical infrastructure projects worldwide.
Forward-Looking Statements:

This press release includes forward-looking statements based on current expectations and projections. The companies involved acknowledge inherent risks and uncertainties that could cause actual results to differ materially from those anticipated.

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GE Vernova Hosts Global Summit to Advance Power Production and Safety

GE Vernova’s Gas Power business (NYSE: GE) recently organized the Global EPC Summit in Dubai, UAE, from February 27 to 28, 2024, bringing together over 100 Engineering, Procurement, and Construction (EPC) participants from 20+ leading organizations worldwide. The summit aimed to foster collaboration across the power generation industry and promote common safety standards.

The event focused on uniting EPC companies, end customers, and GE Vernova experts to discuss the transformation of power production, emphasizing decarbonization and electrification. Participants explored the current state and future outlook of the global power sector, as well as innovations and technologies driving a low-carbon energy future.

A key highlight of the summit was the development and signing of a safety pledge by all participants. The pledge underscored a collective commitment to making safety a core value, ensuring that every employee returns home safely each day. This initiative is part of GE Vernova’s ongoing efforts to enhance safety standards within the industry.

Joseph Anis, President & CEO of GE Gas Power Europe, Middle East, and Africa, emphasized the importance of strong collaborations across the power generation value chain to achieve the mission of electrifying and decarbonizing the world. He highlighted the significance of the safety pledge, which was collaboratively created and signed by all summit attendees.

Robert Cummings, Chief Safety Officer & Executive Director — Global EHS for GE Vernova, praised the participants’ dedication to improving safety standards and empowering employees. He noted that safety should be shared knowledge across the industry, and the summit reaffirmed that safety is not just a priority but a core value.

Given the positive feedback from the participants, GE Vernova plans to make the Global EPC Summit an annual event, continuing to strengthen industry collaboration and safety improvements.

About GE Vernova

GE Vernova is a planned, purpose-built global energy company comprising Power, Wind, and Electrification segments, supported by Advanced Research, Consulting Services, and Financial Services. With over 130 years of experience, GE Vernova is uniquely positioned to lead the energy transition by electrifying the world while working to decarbonize it. The company is headquartered in Cambridge, Massachusetts, and employs over 80,000 people across 140+ countries. GE Vernova’s Gas Power business focuses on advanced, efficient natural gas-powered technologies and decarbonization solutions to support a lower-carbon future.

GE Vernova’s name reflects its legacy of quality and innovation (“GE”), commitment to Earth’s ecosystems (“Ver” / “verde”), and dedication to a new era of low-carbon energy (“Nova” from the Latin “novus”). The company’s purpose, “The Energy to Change the World,” underscores its mission to deliver a more affordable, reliable, sustainable, and secure energy future.

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Paris, France – March 4, 2024 — Vera Silva, Chief Strategy & Technology Officer of GE Vernova’s Electrification Systems business, has achieved a remarkable feat by being elected to both the National Academy of Technologies of France (NATF) and the National Academy of Engineering (NAE) in the U.S.

Recognition for Pioneering Work in Grid Modernization

This dual recognition highlights Silva’s exceptional contributions to science and technology, particularly her efforts in:

• Integrating new technologies to modernize electrical grids.
• Advancing the decarbonization of electrical energy.

Quotes Praising Silva’s Achievements:

• Philippe Piron, CEO, GE Vernova Electrification Systems: “Vera’s dedication to developing cutting-edge electrification technologies is truly commendable. Her membership in these esteemed academies is a valuable asset.”
• Vera Silva: “I am deeply honored by this recognition from both academies. I look forward to sharing my expertise to accelerate the global energy transition.”

About the Academies

National Academy of Technologies of France (NATF):

• Convenes leading scientists and industry figures to discuss technology’s impact.
• Offers expert advice to French policymakers.
• First GE Vernova executive to be elected.

National Academy of Engineering (NAE):

• Considered one of the highest distinctions for engineers.
• Members advise the U.S. government and industries on engineering and technology projects.
• Silva’s Induction Ceremonies

NATF: Formal ceremony on March 11th in Paris.
NAE: Annual meeting on September 29th in Washington D.C.

Silva’s Experience and Future Impact

Silva’s extensive experience in business technology strategy across GE Vernova positions her to make significant contributions to the academies. Her expertise in:

• Electrification solutions and equipment
• Electrical networks of the future
• Global energy industry trends will be invaluable as the world navigates the energy transition.

About GE Vernova

GE Vernova is a global energy leader focused on Power, Wind, and Electrification sectors. The company is committed to:

• Leading the energy transition by electrifying and decarbonizing the world.
• Providing essential electricity for health, safety, security, and quality of life improvements.

GE Vernova’s Mission

The company name reflects its dedication to:

• Upholding GE’s legacy of quality and innovation.
• Contributing to a sustainable future (“vernova” referencing Earth’s verdant ecosystems).
• Ushering in a new era of lower-carbon energy (“nova”).

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GE Vernova and Kindle Energy Partner to Advance Colorado’s Energy Future

Kindle Energy’s Mountain Peak Power Plant in Colorado will feature six units of GE Vernova’s LM2500XPRESS* aeroderivative gas power packages, designed to deliver fast, modular power solutions.

On February 29, 2024, GE Vernova’s Gas Power and Financial Services divisions (NYSE: GE) announced an order from Kindle Energy for six LM2500XPRESS* power packages. These units aim to provide rapid, reliable power to United Power electric cooperative in Colorado, meeting urgent capacity needs with highly modular technology.

The six LM2500XPRESS units will be installed at the Mountain Peak Power (MPP) plant in Keenesburg, Weld County, Colorado. Expected to be operational by 2025, the plant will generate up to 162 megawatts (MW), supporting Colorado’s transition to a more sustainable energy mix. GE Vernova’s Financial Services division also provided co-development funding to accelerate the project’s timeline, ensuring power availability aligns with United Power’s needs.

As Colorado moves away from coal-powered electricity by 2031, with several coal-fired plants either closing or converting to natural gas, the state continues to increase its renewable energy production. According to the “Renewables on the Rise Dashboard,” Colorado’s solar power production has increased sevenfold and wind power has grown by 2.3 times since 2013.

“In a state facing growing power demand and the phasing out of coal plants, it’s crucial to have a blend of flexible and efficient energy sources to meet carbon reduction goals while ensuring power reliability,” said Lee Davis, CEO of Kindle Energy. “We rely on GE Vernova’s technical and financial expertise to help our Mountain Peak Power plant manage the intermittent nature of wind and solar power generation in northeast Colorado. We are excited to collaborate with GE Vernova again, following our work on the Magnolia Power Plant in Louisiana.”

The MPP plant will utilize GE Vernova’s LM2500XPRESS power packages, which can start from cold in as little as five minutes. Each unit includes an LM2500* aeroderivative gas turbine, a distributed control system (DCS), and a Dry Low Emissions (DLE) combustion system, which minimizes emissions without water usage—a key advantage in northeast Colorado.

“GE Vernova is excited to deliver rapid-response peaking power to Kindle Energy, aiding Colorado’s energy transition,” said Dave Ross, President and CEO for GE Vernova’s Gas Power business in the Americas. “This project, leveraging our Gas Power and Financial Services synergies, is our second peaking power initiative in Colorado to support renewable energy integration and meet load growth as the state transitions to lower-carbon energy sources in line with its Renewable Portfolio Standard (RPS) goals.”

The LM2500XPRESS units for this project will be assembled at GE Vernova’s Gas Power Manufacturing Excellence Center in Veresegyhaz, Hungary, with commissioning expected shortly after delivery.

About Kindle Energy

Based in Princeton, NJ, Kindle Energy specializes in power generation development and asset management. With over 11GW under management, the company offers tailored investment, operational, and management solutions for power generation assets across North America, supporting utilities, cooperatives, municipalities, and other energy facility owners.

About GE Vernova

GE Vernova is a global energy company focused on Power, Wind, and Electrification segments, supported by Advanced Research, Consulting Services, and Financial Services. With over 130 years of experience, GE Vernova is leading the energy transition, aiming to electrify and decarbonize the world. Headquartered in Cambridge, Massachusetts, GE Vernova employs over 80,000 people in more than 100 countries. The company’s Gas Power division develops advanced natural gas technologies and decarbonization solutions, while the Financial Services division offers financing solutions to accelerate the energy transition.

GE Vernova’s name signifies its legacy of quality (“GE”), commitment to the environment (“Ver”/“verde”), and innovation in low-carbon energy (“Nova” from Latin “novus”). The company’s mission, “The Energy to Change the World,” reflects its dedication to delivering affordable, reliable, sustainable, and secure energy for the future.

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Cambridge, Massachusetts – February 28, 2024 — GE Vernova introduces Proficy® for Sustainability Insights, an AI-based software designed to empower manufacturers to:

• Achieve Sustainability Goals: Meet environmental targets while maintaining profitability.
• Optimize Resource Efficiency: Reduce energy, water, and raw material consumption.
• Improve Operational Performance: Integrate sustainability efforts seamlessly into daily operations.

Key Features of Proficy for Sustainability Insights

• Data Integration: Combines operational and sustainability data for holistic insights.
• AI-powered Analytics: Identifies opportunities to reduce waste and optimize resource utilization.
• Sustainability Dashboards: Provides clear visibility into sustainability performance metrics.
• Benchmarking: Compares current performance against best practices and historical data.

Benefits for Manufacturers

• Reduced Costs: Lower energy and utility bills through optimized resource consumption.
• Improved Compliance: Manage climate metrics effectively for regulatory adherence.
• Enhanced Decision-Making: Data-driven insights to support strategic sustainability initiatives.
• Collaboration: Fosters teamwork between operations and sustainability teams.

Customer Success Story

An automotive manufacturer in Europe leveraged Proficy to achieve an 18% reduction in factory heating system energy consumption. The software identified inefficiencies and optimized setpoints based on external temperatures.

Industry Expert Quote

Craig Resnick, Vice President, ARC Advisory Group: “Proficy for Sustainability Insights offers a unique convergence of sustainability, operations, and digitization. This allows manufacturers to optimize resource utilization while maximizing productivity and profitability.”

GE Vernova’s Commitment to Sustainability

GE Vernova is dedicated to helping industries achieve their sustainability goals while maintaining competitiveness. Proficy for Sustainability Insights is a vital tool in this mission, empowering manufacturers to create a more sustainable future.

GE Vernova: Shaping the Future of Energy

GE Vernova’s comprehensive solutions address the world’s energy challenges. Proficy for Sustainability Insights exemplifies the company’s commitment to accelerating the energy transition towards a cleaner, more efficient future.

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Paris, France – February 27th, 2024 — GE Vernova’s Grid Solutions arm has secured multi-million dollar contracts from Power Grid Corporation of India (PGCIL) to supply critical equipment for the country’s power grid.

Key Points

• Contract Details: GE Vernova will deliver 765 kV Shunt Reactors to enhance grid stability and efficiency.
• Supporting Renewables Integration: The equipment facilitates integrating renewable energy sources like solar and wind into the national grid.
• Local Manufacturing: GE T&D India, the local unit, will manufacture and deliver the reactors, aligning with India’s ‘Make in India’ initiative.

Quotes

• Eric Chaussin, GE Vernova Grid Solutions: “This reinforces our commitment to India’s clean energy goals and strengthens their grid infrastructure.”
• Sandeep Zanzaria, MD & CEO, GE T&D India: “Delighted to support PGCIL’s grid modernization with locally manufactured equipment.”

Benefits for India

• Grid Stability: Shunt reactors ensure smooth electricity flow and reduce power outages.
• Renewable Energy Integration: Enables large-scale integration of clean energy sources.
• Manufacturing Boost: Project supports domestic manufacturing under ‘Make in India’

GE Vernova’s Role

GE Vernova’s Grid Solutions business is a key partner in India’s energy transition by:

• Providing advanced grid technologies.
• Supporting the integration of renewable energy.
• Contributing to a reliable and efficient power grid.

India’s Renewable Energy Push

India has ambitious renewable energy targets:

• 50% of power generation from non-fossil sources by 2030.
• 500 GW of non-fossil power capacity by 2030.
• GE Vernova: A Partner in a Sustainable Future

By providing essential grid equipment and expertise, GE Vernova is helping India achieve its clean energy goals and build a more sustainable future.

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Figure 1. The Guidehouse Insights Leaderboard Grid: Grid DERMS (February 2024)

Cambridge, Massachusetts – February 27, 2024 — GE Vernova, a leader in distributed energy resource management (DERMS) solutions, has secured the top spot in Guidehouse Insights’ 2024 DERMS Leaderboard report. This recognition highlights GE Vernova’s commitment to:

• Leading in DER Management: GridOS® DERMS software is recognized for its innovative approach to integrating renewable energy sources into the grid.
• Empowering Grid Operators: The solution provides a comprehensive suite of tools for managing various DERs like solar, wind, and battery storage.
• Enhancing Efficiency and Reliability: GridOS DERMS helps maintain grid stability and service quality while optimizing DER operations.

GridOS® DERMS: A Feature-Rich Solution

• Modular Design: Cater to specific needs with features for interconnection, real-time visualization, optimization, and forecasting.
• Extensive Partnerships: Collaboration with Edge DERMS and flexibility markets strengthens DER integration capabilities.
• Standards-Based Integration: Works seamlessly with various devices and grid management systems.
• Built on GridOS® Platform: Enables comprehensive data integration and grid awareness for future-proof operations.

Industry Recognition

• Mahesh Sudhakaran, General Manager, Grid Software, GE Vernova: “This recognition underscores the impact of GridOS DERMS and positions us at the forefront of grid modernization.”
• Dan Power, Senior Research Analyst, Guidehouse Insights: “GE Vernova’s forward-thinking approach and strategic partnerships solidify their leadership in DER management.”

GE Vernova’s Commitment to the Future of Energy

With over 90 deployments globally, GridOS DERMS empowers utilities to manage DERs effectively. GE Vernova remains dedicated to shaping the future of energy by:

• Facilitating the Integration of Renewables: GridOS DERMS helps utilities navigate the growing adoption of clean energy sources.
• Enhancing Grid Resiliency: The software allows for better management of distributed resources, contributing to a more robust grid.

GE Vernova: A Leader in Energy Transition

By providing advanced DERMS solutions, GE Vernova is helping to build a cleaner, more reliable, and sustainable energy future.

Paris, France – February 26, 2024 — GE Vernova’s Grid Solutions division and Dragos Inc. announced a strategic partnership to bolster the cybersecurity of electric grids. This collaboration combines expertise in grid automation (GE Vernova) and OT (operational technology) cybersecurity (Dragos) to offer a comprehensive defense system.

Key Aspects of the Partnership

• Combined Solutions: GE Vernova will integrate Dragos’ cybersecurity solutions, including Dragos Platform, threat intelligence, and incident response services, into their grid automation offerings.
• Enhanced Visibility and Threat Detection: The Dragos Platform, coupled with GE Vernova’s grid technology, will provide unparalleled asset visibility within industrial energy environments. This will enable real-time monitoring, vulnerability tracking, and advanced threat detection to mitigate potential risks.
• Improved Response and Recovery: Dragos’ incident response expertise will empower critical infrastructure providers to respond swiftly and effectively to cyberattacks, minimizing downtime and ensuring operational continuity.

Quotes

• Claudia Cosoreanu, CTO, Grid Automation, GE Vernova Grid Solutions: “This partnership merges decades of leadership in grid automation and OT cybersecurity, empowering our customers to combat cyber threats and strengthen their defenses.”
• Matthew Cowell, VP of Business Development, Dragos: “We’re excited to collaborate with GE Vernova to provide superior threat detection, intelligence, and grid resilience to their customers.”

Benefits for the Energy Sector

• Robust Cybersecurity: This collaboration strengthens the cybersecurity posture of critical infrastructure like power grids.
  Proactive Threat Management: Early identification and mitigation of potential cyberattacks safeguard operations and national security.
• Improved Grid Reliability: Enhanced cybersecurity reduces the risk of disruptions and outages, ensuring a more reliable power supply.

GE Vernova: A Leader in Grid Solutions

GE Vernova’s Grid Solutions business offers advanced grid automation technologies to optimize grid performance, integrate renewables, and enhance reliability. Partnering with Dragos reinforces their commitment to providing secure grid solutions.

Dragos: Championing OT Cybersecurity

Dragos is a leading OT cybersecurity provider offering a comprehensive platform with threat intelligence and incident response services. This partnership leverages their expertise to safeguard critical energy infrastructure.

A Collaborative Effort for a Secure Future

By combining their strengths, GE Vernova and Dragos are working towards a more secure and resilient electricity grid for the future.

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GE Vernova expands its GridOS® software portfolio with the first grid-specific data fabric to aid utilities in effectively managing the electric grid across transmission, distribution, and edge segments, solving electrification challenges through enhanced data orchestration.

Cambridge, Massachusetts; February 21, 2024 – GE Vernova has launched GridOS® Data Fabric, a pioneering data fabric designed to enhance grid orchestration. This new software aims to assist utilities in managing a more intelligent and resilient grid as renewable energy sources increase and extreme weather events become more frequent.

Today’s grid is increasingly complex, with dispersed energy data contributing to the challenge of effective management. GridOS® Data Fabric addresses this by using federation to access decentralized data from various sources and virtualization to create a unified view across the entire grid ecosystem, including IT and OT applications. This consolidated view enables grid operators to efficiently govern and utilize vast amounts of distributed data, making informed decisions in real-time.

“We are tackling the complexities posed by big energy data,” stated Sanjay Banga, President, Transmission and Distribution Vertical at Tata Power. “Unlocking grid data will help us manage renewable power variability, grid disruptions, and the integration of EVs, solar panels, and IoT devices. Scalable data management solutions will enhance our ability to forecast generation and load for grid balancing and optimize capital expenditures for data analytics. This supports our mission to provide reliable, sustainable power 24/7.”

Modernizing the grid with sensors and smart meters allows utilities to gather significant data to boost grid intelligence. They also need to process external data sources, such as weather and emergency services information. GridOS® Data Fabric integrates this data to facilitate coordinated decision-making.

“Energy data is crucial for delivering an efficient grid,” said Mahesh Sudhakaran, General Manager of GE Vernova’s Grid Software business. “Connecting data across the grid ecosystem will enable the automation of grid operations, creating a more intelligent, secure, and resilient grid ready for future electrification needs. Leveraging energy data with AI and machine learning technologies allows utilities to meet demand swiftly and address renewable energy and electrification challenges.”

Key collaborations are essential for accelerating grid modernization. Itron, a leader in energy, water, smart city, and IIoT services, will utilize GE Vernova’s GridOS® Data Fabric to integrate grid operations and edge data from sources like residential solar and EVs. “GridOS® Data Fabric’s ability to connect and integrate data for accurate real-time decisions promotes grid stability and supports AI and ML applications for automating grid operations,” said Don Reeves, Senior Vice President, Outcomes at Itron.

GE Vernova’s GridOS® strategy focuses on a modular, data-driven software portfolio to orchestrate a sustainable energy grid, helping utilities navigate the energy transition. This new launch builds on GE Vernova’s acquisition of Greenbird Integration Technology AS and the 2023 introduction of GridOS®. “GridOS® Connect, our data integration engine, is a key component of the federated data fabric, continuously updating datasets for comprehensive analysis,” said Thorsten Heller, Chief Innovation Officer at GE Vernova’s Grid Software business. “With our acquisition of Greenbird, we are ready to help utilities unlock data for a smarter, resilient grid fit for future generations.”

This announcement precedes DISTRIBUTECH International, where GE Vernova will showcase its grid hardware and software solutions, designed to tackle big data, climate change, and energy security challenges to accelerate the energy transition.

About GE Vernova

GE Vernova is a global energy company comprising Power, Wind, and Electrification businesses, supported by Advanced Research, Consulting Services, and Financial Services. With over 130 years of experience, GE Vernova leads the energy transition by electrifying and decarbonizing the world. Headquartered in Cambridge, Massachusetts, with over 80,000 employees in more than 100 countries, GE Vernova delivers advanced gas-powered technologies and decarbonization solutions for a sustainable energy future.

About Itron

Itron is a global leader in energy, water, smart city, IIoT, and intelligent infrastructure services, creating innovative systems that enhance efficiency, connect communities, and promote conservation. By safeguarding natural resources, Itron improves the quality of life worldwide. Itron® is a registered trademark of Itron, Inc. All third-party trademarks are the property of their respective owners.

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New Dual-Fuel Power Plant in New South Wales

Illawarra, New South Wales, Australia, February 19, 2024 – GE Vernova’s Gas Power division (NYSE: GE) and EnergyAustralia have announced the opening of the Tallawarra B Power Station, marking a significant milestone as Australia’s first dual-fuel power plant capable of running on both natural gas and green hydrogen.

The Tallawarra B Power Station, utilizing GE Vernova’s 9F.05 gas turbine, is designed to operate on a blend of 5% green hydrogen and natural gas by 2025, contingent on the development of a substantial hydrogen production industry. This makes it the world’s first 9F gas turbine to function on a hydrogen-natural gas mix.

The Tallawarra B facility will provide up to 320 MW of dispatchable power, bolstering the reliability of New South Wales’ energy grid. This development follows the closure of the Liddell coal-fired power plant, and Tallawarra B will help fill the gap left by Liddell’s decommissioning, offering essential flexibility during peak demand periods and reducing emissions with the use of green hydrogen.

“This is the first new gas-fired power station in New South Wales in over a decade. Tallawarra B will play a crucial role in the energy transition, providing flexible and reliable power during peak demand and low supply periods. It supports the integration of more renewables as coal plants retire,” said Mark Collette, Managing Director of EnergyAustralia.

“Gas will remain vital for supporting renewables during the energy transition. Tallawarra B and A stations are positioned to be long-term players in New South Wales’ energy future, aligning with our net zero ambitions by 2050. We are investing in upgrades to Tallawarra A to enhance capacity and efficiency, enabling up to 30% hydrogen fuel use when it becomes commercially available.”

The 9F turbine, a dual-fuel unit, can simultaneously burn two types of fuel. Alongside its gas turbine expertise, GE Vernova is proficient in wind turbines, solar solutions, energy storage, grid systems, and power conversion technologies, all critical for advancing the green hydrogen value chain.

“Tallawarra B illustrates the significant role gas technologies play in reducing carbon emissions, ensuring a reliable power supply, and combating climate change,” said Ramesh Singaram, President and CEO of GE Vernova’s Gas Power division in Asia. “We are dedicated to delivering dependable, cost-effective energy solutions that support energy providers like EnergyAustralia in developing a hydrogen supply chain and transitioning towards a lower carbon future.”

Situated next to EnergyAustralia’s existing Tallawarra A 435 MW gas plant in Yallah, near Lake Illawarra, the Tallawarra B Power Station is approximately eight miles southwest of Wollongong.

GE Vernova supplied an A78 generator, an exhaust stack with an innovative Plume Dispersion Device, a generator step-up transformer, a Mark* Vie control system, and gas turbine accessories for this project. These components were modularized to simplify and expedite on-site installation and enhance serviceability.

GE Vernova’s gas turbines can currently operate on hydrogen levels ranging from 5% to 100%. With over 450 9F gas turbines ordered since 1991, accumulating over 24 million operational hours across more than 40 countries, GE Vernova is pioneering dry low NOx (DLN) combustor technology for 100% hydrogen fuel, aiming for solutions by 2030.

With a presence in Australia for over 120 years, GE Vernova operates more than 140 gas turbines in the country, addressing local requirements with fast start-up times, lower ownership costs, and increased flexibility. Future and existing gas power plants can further reduce carbon emissions by utilizing hydrogen as a fuel.

About GE Vernova

GE Vernova is a global energy company encompassing Power, Wind, and Electrification businesses, supported by Advanced Research, Consulting Services, and Financial Services. With over 130 years of experience, GE Vernova is at the forefront of the energy transition, striving to electrify and decarbonize the world. Headquartered in Cambridge, Massachusetts, GE Vernova employs over 80,000 people in more than 100 countries. The company’s Gas Power division develops advanced natural gas technologies and decarbonization solutions to support a lower carbon future.

GE Vernova’s name signifies its legacy of quality (“GE”), commitment to the environment (“Ver”/“verde”), and innovation in low-carbon energy (“Nova” from Latin “novus”). The mission, “The Energy to Change the World,” underscores its goal to provide affordable, reliable, sustainable, and secure energy for the future.

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GE Vernova Cleared for Higher Enrichment Nuclear Fuel Manufacturing

WILMINGTON, North Carolina, February 14, 2024 – GE Vernova’s Global Nuclear Fuel (GNF) division has received authorization from the U.S. Nuclear Regulatory Commission (NRC) to produce, transport, and evaluate nuclear fuel with Uranium-235 enrichments of up to 8 weight percent.

“These approvals mark a significant advancement in our long-standing tradition of designing and manufacturing nuclear fuel,” stated Mike Chilton, Executive Vice President of GNF. “We are committed to ongoing innovation to enhance plant efficiency for our customers and to support emerging reactor technologies with adaptable and dependable fuel products as the industry advances toward higher enrichment use.”

With the NRC’s recent approval of GNF’s fuel fabrication license amendment, the Wilmington, NC facility becomes the first commercial site in the U.S. licensed to produce fuel with enrichments up to 8 weight percent. Additionally, the NRC has granted a Certificate of Compliance for GNF to ship fuel bundles with up to 8 weight percent enrichment using their RAJ-II shipping container. Licensing topical reports for advanced nuclear methods have also been approved, allowing GNF to assess fuel with enrichments exceeding 5 weight percent.

These regulatory achievements are partly due to GNF and GE Vernova’s Advanced Research division’s collaboration with the U.S. Department of Energy’s Accident Tolerant Fuel (ATF) Program. GNF is advancing fuel technologies that enhance accident tolerance and operational flexibility, while also improving bundle efficiency to sustain economic performance.

Higher enrichment fuels are expected to enhance nuclear fuel cycle economics, including power uprates for existing boiling water reactors, and support the next generation of reactor technologies, such as advanced and small modular reactors.

About GE Vernova

GE Vernova is a globally focused energy company comprising Power, Wind, and Electrification businesses, backed by Advanced Research, Consulting Services, and Financial Services. Leveraging over 130 years of experience, GE Vernova is leading the charge in electrifying and decarbonizing the world. The company aids customers in powering economies and delivering essential electricity for health, safety, security, and an improved quality of life. Based in Cambridge, Massachusetts, GE Vernova employs over 80,000 people across 100+ countries.

GE Vernova’s Nuclear Power business, through a global partnership with Hitachi, is a leading provider of nuclear fuel bundles, services, and advanced nuclear reactor designs, including boiling water reactors and small modular reactors like the BWRX-300. GNF, a GE Vernova-led joint venture with Hitachi, Ltd., is a premier supplier of boiling water reactor fuel and related engineering services, operating mainly through Global Nuclear Fuel-Americas, LLC in Wilmington, NC, and Global Nuclear Fuel-Japan Co., Ltd. in Kurihama, Japan.

The mission of GE Vernova is reflected in its name – “GE” symbolizes its legacy of quality and innovation. “Ver” / “verde” signifies Earth’s lush ecosystems, while “Nova” from Latin “novus” indicates a new era of lower carbon energy. Guided by the purpose, “The Energy to Change the World,” GE Vernova is dedicated to providing an affordable, reliable, sustainable, and secure energy future.

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In a significant move to further small modular reactor (SMR) development in Saskatchewan, representatives from SaskPower and GE Vernova’s Nuclear business, GE Hitachi (GEH), convened in Regina to formalize a collaboration agreement.

This partnership allows SaskPower and GEH to work jointly on project planning, facilitating the exchange of expertise in the design, fuel sourcing, and fabrication processes for the BWRX-300 SMR. Additionally, it supports workforce and supply chain planning essential for deploying an SMR in Saskatchewan.

“Acquiring detailed technical specifications, requirements, and designs for the BWRX-300 is crucial for our planning and licensing applications,” stated Rupen Pandya, SaskPower President and CEO. “Utilizing the experience and knowledge from our nuclear industry colleagues is a vital part of our planning efforts.”

In June 2022, SaskPower selected the GE Hitachi BWRX-300 for its SMR development project. This innovative boiling water reactor, also chosen by Ontario Power Generation for the Darlington New Nuclear Project, generates approximately 300 MW per unit. The BWRX-300 leverages decades of operational success from large-scale nuclear power plants worldwide.

“This agreement is a pivotal step in supporting Saskatchewan’s workforce, businesses, and clean energy objectives,” said Lisa McBride, GEH Canada Country Leader. “The BWRX-300 revolutionizes the potential for generating reliable, carbon-free energy.”

GE Vernova’s Nuclear division, in collaboration with Hitachi, leads globally in providing nuclear fuel bundles, services, and advanced reactor designs. This agreement will streamline SaskPower’s planning and licensing process, informing its 2029 decision on whether to proceed with nuclear power in Saskatchewan.

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GE Vernova’s Grid Solutions, in collaboration with Polimex Mostostal, has secured a vital contract for the Baltica 2 Offshore Wind Farm in Poland. This endeavor involves constructing a 275/400 kV high voltage substation, inclusive of STATCOMs and onshore export lines, to efficiently integrate power into Poland’s grid.

The Baltica Offshore Wind Farm, a joint venture by Ørsted and PGE, is set to be the largest in the Polish Baltic Sea, targeting to supply electricity to nearly four million Polish households. This project marks a crucial advancement in Poland’s energy transition, enhancing energy security and significantly lowering carbon emissions.

Paris, France: January 25, 2024 – GE Vernova’s Grid Solutions division (NYSE: GE) has announced, in partnership with Polimex Mostostal (PXM), the receipt of a contract to establish the onshore infrastructure for the Baltica 2 Offshore Wind Farm. This infrastructure includes a 275/400 kV high voltage substation and onshore export lines to channel power into Poland’s electrical system.

GE Vernova, through its Polish subsidiary GE Power Sp. z.o.o., will lead the consortium, providing crucial technologies like Gas Insulated Switchgear, Transformers, and Static Synchronous Compensators (STATCOMs). PXM will manage the civil engineering, equipment installation, and the laying of onshore export lines necessary for the substation.

“This project underscores GE Vernova’s dedication to renewable energy advancement and Poland’s transition to sustainable energy sources. We are delighted to elevate our collaboration with PGE and, along with Polimex Mostostal, integrate cutting-edge technology into Baltica 2, ensuring efficient energy integration into the Polish grid,” stated Johan Bindele, head of Grid Systems Integration at GE Vernova’s Grid Solutions.

Krzysztof Figat, President of Polimex Mostostal, remarked, “This project is significant in our portfolio. We appreciate the trust PGE and Ørsted have placed in us and, together with GE Vernova, we look forward to successfully delivering this essential project.”

The 2.5 GW Baltica Offshore Wind Farm, developed by Ørsted and PGE Polska Grupa Energetyczna, aims to be one of the largest globally, poised to deliver clean energy to nearly four million households in Poland, significantly cutting down CO2 emissions.

“The Baltica 2 project will provide 1.5 GW of power to Pomerania, enhancing the region’s and the country’s energy security,” noted Wojciech Dąbrowski, President of PGE Polska Grupa Energetyczna.

Agata Staniewska-Bolesta, Managing Director of Ørsted Offshore Poland, added, “With this contract for the onshore infrastructure, we are closer to realizing this groundbreaking offshore wind project in Poland.”

Baltica 2, spanning approximately 190 km² in the Polish Baltic Sea, is expected to be operational by 2027, playing a key role in Poland’s green energy transition and reducing dependence on fossil fuels.

High voltage onshore substations are critical for transforming electricity generated from wind to higher voltages, suitable for long-distance transmission. GE Vernova’s expertise in high voltage substations ensures the efficient and reliable transformation and transmission of this power.

About GE Vernova

GE Vernova is a purpose-built global energy company comprising Power, Wind, and Electrification segments, supported by advanced research, consulting, and financial services. With over 130 years of experience, GE Vernova is dedicated to electrifying and decarbonizing the world, enhancing health, safety, security, and quality of life. Headquartered in Cambridge, Massachusetts, GE Vernova operates in over 140 countries with more than 80,000 employees. GE Vernova’s Grid Solutions division delivers advanced grid technologies for power transmission and distribution, supporting a decarbonized and secure energy transition.

About Polimex Mostostal S.A.

Polimex Mostostal S.A. is a leading Polish engineering and construction firm specializing in industrial construction. Active since 1945, and listed on the Warsaw Stock Exchange since 1997, the company undertakes significant projects in energy, petrochemical, and environmental engineering industries, both domestically and internationally.

About the PGE Group

PGE Polska Grupa Energetyczna is Poland’s largest electricity and heat supplier, providing safe and stable energy to over 5.6 million customers. PGE is committed to renewable energy, with significant investments in wind, solar, and energy storage, as well as plans for nuclear power development.

About Ørsted

Ørsted, a leader in renewable energy, operates in multiple markets globally. In Poland, Ørsted’s Baltica Sea Wind Farm is part of its ambitious goal to reach 30 GW of offshore wind capacity by 2030. Ørsted’s portfolio includes offshore wind farms, onshore wind and solar farms, energy storage, and bioenergy plants.

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WILMINGTON, North Carolina: January 25, 2024 — GE Vernova’s Nuclear business, GE Hitachi Nuclear Energy (GEH), proudly announced receiving a £33.6 million grant from the UK Future Nuclear Enabling Fund (FNEF) provided by the Department for Energy Security & Net Zero (DESNZ). This grant supports the UK Government’s goal to achieve 24 GW of nuclear energy by 2050, enhancing the country’s energy security and net-zero ambitions.

“The UK is witnessing its largest nuclear power expansion in 70 years, with small modular reactors at the forefront,” said Andrew Bowie, Minister for Nuclear. “The £33.6 million funding for GE Hitachi will aid in developing their design, positioning us to be one of the first to deploy this transformative technology. This will result in more affordable, cleaner, and secure energy for homes and businesses.”

Jay Wileman, President & CEO of GEH, stated, “Our BWRX-300 small modular reactor aligns perfectly with the UK’s decarbonization and energy security goals. We are grateful for this FNEF grant, which will help accelerate regulatory approval and deployment readiness, while also fostering a strong UK supply chain. The development of the BWRX-300 continues GE’s proud 130-year legacy in the UK.”

GEH applied for the FNEF grant with a seasoned UK team, including Jacobs, Laing O’Rourke, Cavendish Nuclear, and Synthos Green Energy (SGE), a Polish investor and developer. GEH is developing a UK supply chain, highlighted by a memorandum of understanding with Sheffield Forgemasters for potential UK-sourced steel forgings to support BWRX-300 SMR deployment.

In tandem with the FNEF grant, GEH will enter the Generic Design Assessment (GDA) process for the BWRX-300. The GDA process enables UK regulators to evaluate the safety, security, and environmental protection standards of new nuclear reactor designs. Jacobs, with extensive experience in UK nuclear power plant projects, will support GEH in the GDA. In October, GEH advanced to the next stage of the Great British Nuclear small modular reactor competition, backed by SGE.

Rafał Kasprów, CEO of SGE, commented, “We are thrilled with the selection of GEH’s BWRX-300 for the FNEF. As an SMR-focused investor and developer, we are eager to invest in the UK and lead several BWRX-300 projects. UK companies will be integral to the supply chain for BWRX-300 deployment, not just in the UK, but also in Poland and Central Europe.”

Sean Sexstone, Executive Vice President, Advanced Nuclear at GEH, added, “This grant from the UK Government reaffirms our commitment. The BWRX-300 is a viable design, already selected for SMR programs in Canada, Poland, and the USA. We will continue collaborating with the UK Government to achieve their target of adding up to 24 GW of nuclear capacity by 2050.”

GE’s history in the UK spans 130 years, employing over 2,500 people across 11 sites. GE’s technology currently powers 35 percent of the UK’s electricity. The first GE Haliade-X turbine recently began producing power at the Dogger Bank Wind Farm, and GE Vernova’s Grid Solutions business, alongside the MYTILINEOS consortium, secured a £1bn contract for the UK’s first high-capacity east coast subsea link.

The BWRX-300 is a cornerstone of GE Vernova’s energy transition leadership, designed to reduce construction and operational costs by leveraging existing fuel, plant simplifications, proven components, and an NRC-certified reactor design. Global interest in the BWRX-300 is growing, with significant projects in Ontario, Estonia, and collaborative efforts with the Tennessee Valley Authority and Synthos Green Energy.

About GE Vernova

GE Vernova is a dedicated global energy company encompassing Power, Wind, and Electrification businesses, supported by Advanced Research, Consulting Services, and Financial Services. With over 130 years of experience, GE Vernova leads the energy transition by electrifying and decarbonizing the world. Headquartered in Cambridge, Massachusetts, with over 80,000 employees in 100+ countries, GE Vernova’s Nuclear Power business, in alliance with Hitachi, offers leading nuclear fuel bundles, services, and reactor designs, including the BWRX-300.

GE Vernova’s mission, reflected in its name, combines “GE” as a symbol of quality and ingenuity, “Ver” from verdant Earth, and “Nova” from the Latin for new, heralding a new era of low-carbon energy. Guided by the purpose “The Energy to Change the World,” GE Vernova aims to deliver a more affordable, reliable, sustainable, and secure energy future.

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London, UK: January 16, 2023 — The UK Ministry of Defence’s Fleet Solid Support (FSS) program will benefit from GE Vernova’s advanced hybrid-electric propulsion technology, as Team Resolute has selected GE Vernova’s Power Conversion business to enhance the operational efficiency of the new Royal Fleet Auxiliary ships. This partnership underscores GE Vernova’s capabilities in naval propulsion and commitment to sustainability.

Collaboration with Navantia UK

Team Resolute, a consortium of Navantia, Harland & Wolff, and BMT, is tasked with delivering the FSS program, with Navantia UK as the prime contractor. The program aims to build three 216-meter-long ships designed to minimize carbon emissions, capable of using low-carbon and future sustainable energy sources.

Advanced Hybrid-Electric Propulsion Technology

GE Vernova will supply SeaPulse Active Front-End (AFE) power converters and hybrid electric induction motor-generators, crucial for optimizing energy efficiency and power utilization. The scope includes design, manufacture, testing, sea trials, and integrated logistics support to ensure seamless integration into the FSS ships.

Commitment to UK Engineering Excellence

This contract highlights GE Vernova’s strong UK engineering skills and positions its UK Power Conversion business as a global center of excellence for naval electric power and propulsion systems. The UK team’s expertise in design, systems engineering, and project management will be pivotal in maintaining the Royal Navy and Royal Fleet Auxiliary fleets.

Strategic Importance of the FSS Program

“The selection of suppliers for key equipment like propulsion technology indicates the FSS program is on track,” said Juan de la Cueva, CEO of Navantia UK. “We are proud to partner with GE Vernova to improve efficiency and decarbonization while supporting UK advanced engineering skills.”

Andy Cooper, Managing Director of GE Vernova’s Power Conversion business in the UK, added, “Our collaboration with Navantia UK and Team Resolute will enhance the Royal Fleet Auxiliary’s operational efficiency, aligning with the UK’s commitment to sustainability.”

Modernizing the Royal Fleet Auxiliary

The FSS program is a significant step in modernizing the Royal Fleet Auxiliary, enhancing the UK’s naval logistics infrastructure. The program supports the Carrier Strike vessels by providing essential supplies, fostering social and economic growth, and bolstering the UK’s shipbuilding capacity.

Delivery Schedule

Delivery of GE Vernova’s electric propulsion equipment for the first FSS ship is scheduled for 2025, with subsequent ships planned for 2026 and 2027.

About GE Vernova

GE Vernova is a global energy company comprising Power, Wind, and Electrification segments. With over 130 years of experience, GE Vernova is positioned to lead the energy transition, focusing on electrification and decarbonization. Headquartered in Cambridge, Massachusetts, GE Vernova operates in over 140 countries with 80,000 employees. Its Power Conversion business provides energy conversion technologies and services, driving the electric transformation of global energy and industrial infrastructure.

About Team Resolute

Team Resolute, a consortium of Navantia, Harland & Wolff, and BMT, supports the National Shipbuilding Strategy Refresh by delivering the FSS program. The £1.6 billion program will enhance the Royal Fleet Auxiliary’s capabilities, contributing to social and economic value and strengthening the UK’s shipbuilding industry.

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Kuwait: January 15, 2024 — GE Vernova has successfully completed the modernization of four 9F.03 class gas turbines at Kuwait’s 2 GW Sabiya Combined Cycle Power Plant, marking a significant achievement for the country’s power sector. This upgrade, supported by the Ministry of Electricity, Water and Renewable Energy, is part of a broader initiative to modernize Kuwait’s power infrastructure.

These Advanced Gas Path (AGP) upgrades are designed to enhance the power plant’s efficiency and output, increasing block output by up to 6.3% and reducing heat rate by 1.8%. This translates to an additional 70 MW of power without additional fuel consumption or increased carbon emissions, equating to removing approximately 16,000 cars’ worth of emissions from the roads.

The upgrades were conducted under a multiyear service agreement between GE Vernova and Alghanim International, following an Operations & Maintenance (O&M) agreement with the Ministry. The objective is to boost power production, extend maintenance intervals, improve fuel efficiency, and reduce both costs and CO2 emissions per megawatt produced.

GE Vernova provided the AGP upgrades and will maintain the units for the next seven years. This initiative will ensure more reliable and efficient power output, meeting the rising electricity demand, particularly during peak periods.

Jihad Saade of Alghanim International commented, “Our collaboration with GE Vernova and the Ministry underscores our commitment to enhancing Kuwait’s power generation capacity. Utilizing innovative technologies, we aim to maintain Kuwait’s leadership in the regional energy sector.”

Joseph Anis, President & CEO of GE Vernova’s Gas Power business for Europe, Middle East & Africa, added, “Our long-term partnership with the Ministry and Alghanim International has enabled us to deliver advanced power solutions that align with Kuwait’s energy strategies. The Sabiya plant upgrades highlight our ability to provide reliable power across the nation.”

Sabiya power station, located in Al Jahra, 52 km from Kuwait City, houses six of GE Vernova’s 9F.03 gas turbines and three D11 steam turbines, making it Kuwait’s largest power station. Previously, GE Vernova upgraded two turbines in Block 1, increasing output by 6%, equivalent to the emissions of 8,000 cars.

GE Vernova is a key player in Kuwait’s power generation growth, with the GE Kuwait Technology Center (GEKTC) fostering local talent and expertise to drive a sustainable future.

About GE Vernova

GE Vernova is a global energy company specializing in Power, Wind, and Electrification, supported by Advanced Research, Consulting Services, and Financial Services. With over 130 years of experience, GE Vernova leads the energy transition by electrifying and decarbonizing the world. Headquartered in Cambridge, Massachusetts, with over 80,000 employees across 100+ countries, GE Vernova’s Gas Power business offers advanced natural gas technologies and decarbonization solutions for a lower-carbon future.

The name GE Vernova reflects its legacy of quality (“GE”), a commitment to the Earth’s ecosystems (“Ver”/”verde”), and a new era of energy innovation (“Nova”). Guided by the purpose “The Energy to Change the World,” GE Vernova is dedicated to providing affordable, reliable, sustainable, and secure energy.

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